433 articles published since 06 Dec 2024
Free ATM withdrawals have come to an end in Nigeria as the CBN has introduced a new policy ending the three free withdrawals a month, and introducing up to N500 fees
A liquidity crisis might be brewing as data shows that banks borrowing from CBN has grown almost five times within one week, as deposits crash within the period.
While Nigeria's power sector has still not been able to hit the 6,000MW target set by the government, there appears to be some progress as power generation has grown
Barely a week after the integration of the CBN Export Proceeds System, Exporters cry out that the system has failed to live up to expectations, leading to losses
Investors in Nigeria's oil and gas sector are all smiling to the bank after a profitable 2024, with billions of naira in profit. Four key players recorded N386bn...
As DisCos continues to agitate for an increase in electricity tariffs, NERC has asked them to present plans and explain what they will do with the money.
In the face of inflation crisis and in a bid to cut costs, about 44% of businesses were forced to lay off staff in 2024. The survey revealed other challenges
As businesses continue to battle the tough economic environment, many more seem to be leaving the NGX. A recent compliance report has shown up to 136 leaving...
The Nigerian government has approved the concession of the Cargo and Agro-allied airport. This is a long-term deal that covers aviation, agriculture and others.
Ruth Okwumbu
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